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Mohammedan Sporting's impending deal with investor in a limbo

A formal announcement of that deal is yet to be made due to a CBI probe into an old sponsorship deal and opposition by some club officials related to selling 50 percent stake in the club

September 25, 2020 / 20:55 IST
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A week is a long time for a change in the fortunes of a football club. This statement holds true for Mohammedan Sporting, one of India's oldest football clubs and the only football club with a pan-India support base.

The iconic club, which has been long forced to stay in the shadows of its illustrious city rivals Mohun Bagan and East Bengal because of lack of financial might, is looking to bridge that gap after tying up with a Delhi-based sports management company.

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However, a formal announcement of that deal is yet to be made due to a CBI probe into an old sponsorship deal and opposition by some club officials related to selling 50 percent stake in the club.

The CBI probe pertains to the club's sponsorship deal with an organisation called Angel Group for the 2010-11 season. The investigating agency is seeking documents related to that deal and this is where the current club management finds itself in a sticky situation as they are having a hard time getting a hold of them.